Financial Statements

Filling Requirements Candidates

All candidates, including acclaimed or withdrawn candidates must file a Financial Statement using the prescribed form - Financial Statement - Auditor's Report Candidate Form 4 on or before 2:00 p.m. on Tuesday, March 30, 2027. 

It is good practice for candidates to review the Financial Statement form prior to incurring any contributions or expenses, and arrange their accounts, spreadsheets, and ledgers according to the various categories that are required to be reported on the form. 

Candidates whose campaign contributions and total expenses exceed $10,000.00 must also attach an Auditor's Report to the Financial Statement. The Auditor's Report must be prepared by an auditor licensed under the Public Accounting Act (2004). 

There is a 30-day grace period for Candidates to submit their Financial Statement and auditor's report (if applicable), provided that they pay a $500.00 late filing fee to the Town. This grace period for initial Financial Statements ends at 2:00 p.m. on Thursday, April 29, 2027.  Candidates will not receive a refund of their nomination fee if they file during the 30-day grace period. 

Please note: The Financial Report is a public document. It may be inspected by any person at the Town Office during regular business hours and is also available online. Individuals may make extracts or request copies of the report, which must be provided electronically at no cost.

Financial Reports are published on the Town website and include the names and addresses of all contributors. Candidates are encouraged to inform contributors that this information will become publicly available online following the election and will remain posted until after the next municipal election.

Filling Requirements Third-Party Advertisers 

All registered third parties are required to file a financial statement using the prescribed form, Financial Statement - Auditor's Report Third Party - Form 8. The registered third party must file their financial statements and auditor’s report in the prescribed forms by 2:00pm on March 30, 2027 for the filing period ending December 31, 2026.

A registered third party whose campaign contributions exceed $10,000, or whose total campaign expenses 
exceed $10,000 in the municipality, is required to file an auditor’s report with the financial statement.

There is a 30-day grace period for third parties to submit their Financial Statement and auditor's report (if applicable), provided that they pay a $500.00 late filing fee to the Town. This grace period for initial Financial Statements ends at 2:00 p.m. on Thursday, April 29, 2027.

Extension Requests

Candidates and third parties may, before the last day for filing a Financial Statement, apply to the Superior Court of Justice to extend the time for filing the Financial Statement.  The court may grant an extension of up to 90 days.  Candidates and third parties are required to notify the Clerk, in writing, before 2:00 p.m. on March 30, 2027 that an application has been made to the Court.  

Resources

Campaign finance requirements can be found in the following resources: 

• Municipal Elections Act, 1996
• Ministry of Municipal Affairs and Housing 2026 Candidates Guide
• Ministry of Municipal Affairs and Housing 2026 Third-Party Advertisers' Guide